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Currently BTC holding 54500k support which is not so strong, in my prediction market will retest or touch again 52k support in upcoming days, then market might bounce back. If any 1D candle close below 52k then the next support is 48k , will update about that next what will happen, Stay Tuned..
The daily priced turned bearish [HTF], and this correction could be a bearish retest confirmation! 🚨-The short term correction upward is almost end! 🚨-The price might correct again around the 58400 - 58700$ zone.-I see at least a retest of the 56 000$ level📉-There's a time for buying and a time for selling! #altcoins will probably move downard again. -If the price manages to break through the $58,500 area, it will then have to face the previous great support of 60K, which can also act as resistance!Following my precedent view, the price might continue to move downard toward 51K - 48k
As mentioned earlier, the price remained neutral for some days, & #Alts moved upward 📈
📈The daily price remain bullish on the daily but, be aware of a double top & rejection!
🎯Current setup; Neutral zone (yellow range):
⬆️Range high: 44 300$ ⬇️Range low: 44 250$
📉A breakout below, will lead to a retest of the 42 500$ support (flat T D1), and possibly lead to stronger rejection (double top❗️). (lLwer supports are in the charts)
📈Based on the old analysis, a breakout above could lead to a pump toward 48.5 - 49k
Your opinion on #bitcoin ? Breakout upward or rejection? 📈📉
Note⚠️: I recommend you to wait for a daily close above the range high (44 600$ zone) and a retest to enter in a long position on #BTC
As mentioned earlier, the price remained neutral for some days, & #Alts moved upward 📈
📈The daily price remain bullish on the daily but, be aware of a double top & rejection!
🎯Current setup; Neutral zone (yellow range):
⬆️Range high: 44 300$ ⬇️Range low: 44 250$
📉A breakout below, will lead to a retest of the 42 500$ support (flat T D1), and possibly lead to stronger rejection (double top❗️). (lLwer supports are in the charts)
📈Based on the old analysis, a breakout above could lead to a pump toward 48.5 - 49k
Your opinion on #bitcoin ? Breakout upward or rejection? 📈📉
Note⚠️: I recommend you to wait for a daily close above the range high (44 600$ zone) and a retest to enter in a long position on #BTC